Pharmaceutical Cartridges Market Size, CAGR, Trends, Production, Company Revenue and Forecast 2020 to 2027

Vision Research Report, Recently Published Report on "Pharmaceutical Cartridges Market Size, Share, Growth, Trends, Production, Consumption, Revenue and Forecast 2020 to 2027".

The global pharmaceutical cartridges market size is expected to reach USD 1.95 billion by 2027, and estimated to expand at a CAGR of 7.9% during the forecast period 2020 to 2027.

Rising awareness regarding the benefits of using pharmaceutical cartridges in the packaging industry is propelling the market demand. These benefits include on-time, accurate, and safe drug delivery, break-resistance packaging, and low residual volumes of drugs. Increasing prevalence of chronic diseases, such as arthritis, diabetes, and oral conditions, and high demand for long-term storage of drugs are also anticipated to contribute toward market growth.

These cartridges also enable long-term storage without altering the chemical formulation of the drugs. Furthermore, it ensures a smoother line of operations as it reduces the risk of damages while transporting and delivering drugs. Investment by the prominent companies in developing advanced pharmaceutical cartridges is anticipated to boost the application and usage of pharmaceutical cartridges.

The study has considered the base year as 2019, which estimates the market size of market and the forecast period is 2020 to 2027. The report analyzes and forecasts the market size, in terms of volume (thousand units) and value (USD million), for the market. The report provides a detailed analysis of various forces acting in the market (drivers, restraints, opportunities, and challenges). The report covers key players and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants.

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There is high demand for pharmaceuticals drug packaging products that are safer and protects pharmaceutical drugs from contamination. Earlier, prefilled syringes were the popular and preferred solution of the drug practitioners but the users often met with accidents due to the breaking of the needle sticks. Thus, there is requirement for packaging products that are safer and user friendly. Since, cartridges do not contain any needle, they eliminate every possibility of any injury. Furthermore, cartridges are highly suitable for the temperature sensitive drugs due to their preservative properties. Thus, they are a safe pharmaceutical packaging solution for the users.

The glass is the most prominently used material for the manufacturing of the pharmaceutical cartridges. The segment holds the major share among the material type segment. This is due to the chemical resistivity of the glass, as glass is highly resistive to pharmaceutical drugs for longer period of time. Type 1 borosilicate glass holds higher market share from its counterparts.

The key trend in the pharmaceutical cartridges market is that the manufacturers are shifting their preference from glass to plastics pharmaceutical cartridges. This is due to the structural issues which occur with the usage of glass for a long period of time. The glass starts degrading from the edges and mixes with the drug solution. Further, glass pharmaceutical cartridges requires higher protection while shipping and usage, due to high chances of breakage f material. Thus, to overcome these issues the global manufacturers started using COC and COP material for manufacturing of pharmaceutical cartridges.

The global market for pharmaceutical cartridges is segmented into material type and capacity type. On the basis of material type, the global pharmaceutical cartridges market is segmented into glass and plastic. The glass segment is further segmented into Type I, Type II, and Type III glass type. The plastic segmented is segmented into cyclic olefin copolymer (COC), cyclic olefin polymer (COP), polyethylene (PE) and polypropylene (PP).

The key restating factor for the growth of the pharmaceutical cartridges market is consumers focus towards alternative drugs such as Homeopathy and Ayurveda. Increasing incidence of chronic diseases is attributed to sedentary lifestyle and significant increase in geriatric population. However, over the last few years, there has been an increase in healthcare awareness. As such, complementary and alternative medicines is gaining wide prominence among users. From past few years, alternative treatment such as Homeopathy and Ayurveda captured greater share of overall healthcare treatment market. The major reason for increase in the preference for the Ayurveda drug is due to its zero side effects.

Key players operating in the global market for pharmaceutical cartridges include Schott AG, Gerresheimer AG, West Pharmaceutical Services, Inc., Stevanato Group, SGD Pharma, Baxter Healthcare Corporation, Sigma-Aldrich Corporation, Pierrel group and Transcoject GmbH.

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Segmentation

By the product type, the market is primarily split into

• Glass
• Plastic

By the end users/application, this report covers the following segments

• Dental Systems
• Injectable Pen Systems
• Other

• Regional Outlook (Revenue, USD Million, 2014 - 2026)

  North America

  • Europe
    • U.K.
    • Germany
• Asia Pacific
  • China
  • Japan
• Latin America
  • Brazil
  • Mexico
• MEA
  • South Africa
  • Saudi Arabia

Table of Content

1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. Analysis and Recommendations
1.4. Wheel of Opportunity

2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition

3. Market Overview
3.1. Global Pharmaceutical Market Overview
3.2. Global Packaging Market Overview
3.3. Healthcare Sector Outlook
3.4. GDP and Healthcare Expenditure
3.5. Global Pharmaceutical Packaging Market, Macroeconomic Overview
3.6. Global Economic Outlook

4. Market Background
4.1. Industrial development Roadmap
4.2. Porter's 5 Forces
4.3. Value Chain
4.4. Market Dynamics
4.4.1. Drivers
4.4.2. Restraints
4.4.3. Opportunity Analysis
4.4.4. Market Trends

5. Global Pharmaceutical Cartridges Market Analysis, By Material Type
5.1. Introduction
5.1.1. Market Value Share Analysis, By Material Type
5.1.2. Y-o-Y Growth Analysis, By Material Type
5.2. Market Value (US$ Mn) and Volume (Units) Forecast, By Material Type 2020 - 2027
5.2.1. Glass
5.2.1.1. Type 1
5.2.1.2. Type 2
5.2.1.3. Type 3
5.2.2. Plastic
5.2.2.1. COC
5.2.2.2. COP
5.2.2.3. Polypropylene
5.2.2.4. Polypropylene

6. Global Pharmaceutical Cartridges Market Analysis, By Capacity Type
6.1. Introduction
6.1.1. Market Value Share Analysis, By Capacity Type
6.1.2. Y-o-Y Growth Analysis, By Capacity Type
6.2. Market Value (US$ Mn) and Volume (Units) Forecast, By Capacity Type 2020 - 2027
6.2.1. Below 5ml
6.2.2. 5-50ml
6.2.3. 50-250ml
6.2.4. Above 250ml
6.3. Market Attractiveness Analysis, By Capacity Type

7. Global Pharmaceutical Cartridges Market Analysis, By Region
7.1. Introduction
7.1.1. Market Value Share Analysis, By Region
7.1.2. Y-o-Y Growth Analysis, By Region
7.2. Market Value (US$ Mn) and Volume (Units) Forecast, By Region 2020 - 2027
7.2.1. North America
7.2.2. Europe
7.2.3. Asia Pacific (APAC)
7.2.4. Latin America
7.2.5. Middle East & Africa (MEA)
7.3. Market Attractiveness Analysis, By Region

8. North America Pharmaceutical Cartridges Market Analysis
8.1. Introduction
8.2. Pricing Analysis
8.3. Market Value (US$ Mn) and Volume (Units) Forecast, By Country, 2020 - 2027
8.3.1. U.S.
8.3.2. Canada
8.4. Market Value (US$ Mn) and Volume (Units) Forecast, By Material Type 2020 - 2027
8.4.1. Glass
8.4.1.1. Type 1
8.4.1.2. Type 2
8.4.1.3. Type 3
8.4.2. Plastic
8.4.2.1. COC
8.4.2.2. COP
8.4.2.3. Polypropylene
8.4.2.4. Polypropylene
8.5. Market Value (US$ Mn) and Volume (Units) Forecast, By Capacity Type, 2020 - 2027
8.5.1. Below 5ml
8.5.2. 5-50ml
8.5.3. 50-250ml
8.5.4. Above 250ml

9. Latin America Pharmaceutical Cartridges Market Analysis
9.1. Introduction
9.2. Pricing Analysis
9.3. Market Value (US$ Mn) and Volume (Units) Forecast, By Country, 2020 - 2027
9.3.1. Brazil
9.3.2. Mexico
9.3.3. Argentina
9.3.4. Rest of Latin America
9.4. Market Value (US$ Mn) and Volume (Units) Forecast, By Material Type 2020 - 2027
9.4.1. Glass
9.4.1.1. Type 1
9.4.1.2. Type 2
9.4.1.3. Type 3
9.4.2. Plastic
9.4.2.1. COC
9.4.2.2. COP
9.4.2.3. Polypropylene
9.4.2.4. Polypropylene
9.5. Market Value (US$ Mn) and Volume (Units) Forecast, By Capacity Type, 2020 - 2027
9.5.1. Below 5ml
9.5.2. 5-50ml
9.5.3. 50-250ml
9.5.4. Above 250ml

10. APAC Pharmaceutical Cartridges Market Analysis
10.1. Introduction
10.2. Pricing Analysis
10.3. Market Value (US$ Mn) and Volume (Units) Forecast, By Country, 2020 - 2027
10.3.1. China
10.3.2. India
10.3.3. ASEAN
10.3.4. Australia & New Zealand
10.3.5. Japan
10.3.6. Rest of APAC
10.4. Market Value (US$ Mn) and Volume (Units) Forecast, By Material Type 2020 - 2027
10.4.1. Glass
10.4.1.1. Type 1
10.4.1.2. Type 2
10.4.1.3. Type 3
10.4.2. Plastic
10.4.2.1. COC
10.4.2.2. COP
10.4.2.3. Polypropylene
10.4.2.4. Polypropylene
10.5. Market Value (US$ Mn) and Volume (Units) Forecast, By Capacity Type, 2020 - 2027
10.5.1. Below 5ml
10.5.2. 5-50ml
10.5.3. 50-250ml
10.5.4. Above 250ml

11. Europe Pharmaceutical Cartridges Market Analysis
11.1. Introduction
11.2. Pricing Analysis
11.3. Market Value (US$ Mn) and Volume (Units) Forecast, By Country, 2020 - 2027
11.3.1. Germany
11.3.2. Italy
11.3.3. France
11.3.4. UK
11.3.5. Spain
11.3.6. Russia
11.3.7. Poland
11.3.8. Rest of Europe
11.4. Market Value (US$ Mn) and Volume (Units) Forecast, By Material Type 2020 - 2027
11.4.1. Glass
11.4.1.1. Type 1
11.4.1.2. Type 2
11.4.1.3. Type 3
11.4.2. Plastic
11.4.2.1. COC
11.4.2.2. COP
11.4.2.3. Polypropylene
11.4.2.4. Polypropylene
11.5. Market Value (US$ Mn) and Volume (Units) Forecast, By Capacity Type, 2020 - 2027
11.5.1. Below 5ml
11.5.2. 5-50ml
11.5.3. 50-250ml
11.5.4. Above 250ml

12. MEA Pharmaceutical Cartridges Market Analysis
12.1. Introduction
12.2. Pricing Analysis
12.3. Market Value (US$ Mn) and Volume (Units) Forecast, By Country, 2020 - 2027
12.3.1. North Africa
12.3.2. South Africa
12.3.3. GCC
12.3.4. Rest of MEA
12.4. Market Value (US$ Mn) and Volume (Units) Forecast, By Material Type 2020 - 2027
12.4.1. Glass
12.4.1.1. Type 1
12.4.1.2. Type 2
12.4.1.3. Type 3
12.4.2. Plastic
12.4.2.1. COC
12.4.2.2. COP
12.4.2.3. Polypropylene
12.4.2.4. Polypropylene
12.5. Market Value (US$ Mn) and Volume (Units) Forecast, By Capacity Type, 2020 - 2027
12.5.1. Below 5ml
12.5.2. 5-50ml
12.5.3. 50-250ml
12.5.4. Above 250ml

13. Competition Analysis
13.1. Competition Dashboard
13.2. Competition Benchmarking
13.3. Profitability Margin Analysis, By Competition
13.4. Competition Deep Dive
13.4.1. Schott AG
13.4.2. Gerresheimer AG
13.4.3. Nipro Corporation
13.4.4. West Pharmaceutical Services, Inc.
13.4.5. Stevanato Group
13.4.6. SGD Pharma
13.4.7. Baxter Healthcare Corporation
13.4.8. Sigma-Aldrich Corporation
13.4.9. Pierrel group
13.4.10. Transcoject GmbH

14. Assumptions and Acronyms Used

15. Research Methodology

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